Author: Ruben Baghus
Save smart with bitcoin
Since June 2018 we've paid our employees partly in bitcoin. Most colleagues choose a contribution of €100 per month. Since that start we've seen how periodic investing in bitcoin plays out over the long term. Past performance does not guarantee future results.
Investing a fixed amount every month is also known as Dollar Cost Averaging (DCA). You spread your investment over multiple moments. This way you're less affected by major price swings. Do you believe bitcoin will rise in value over the long term? Then this is a smart strategy. The advantage of salary in bitcoin: you automatically receive bitcoin every month. You don't have to buy it yourself.
"Bitcoin is becoming more and more popular and we're happy to offer our employees this option."
Immensus Group, largest franchisee of Domino's Pizza Netherlands
Get started, salary in bitcoin in 3 quick steps
1. Create account
Wants an employee to receive their salary in bitcoin? They create a free account at BTC Direct. After creating it, the employee buys a small amount of bitcoin, so we can verify the wallet belongs to the employee.
2. Enter the code
With a personal code, the employee can receive bitcoin salary. The employee decides how many euros in bitcoin they want to receive. The minimum wage is always paid in euros. Anything above can be in bitcoin, starting at €50 per pay slip. The employee gives the personal code and desired amount to the employer.
3. Transfer bitcoin
Can your payroll software transfer salary to two bank accounts? Then you can already offer bitcoin salary. The first IBAN is the employee's account. The second IBAN is BTC Direct's. With the second IBAN, you add the employee's personal code. Our system then automatically buys bitcoin at the current price and sends it to the employee.
In the news
- Algemeen Dagblad — About BTC Direct as the first company offering bitcoin salary.
- De Gelderlander — Primeur: Dutch company pays employees in bitcoin.
- De Telegraaf — Tax authority: paying salary in bitcoin is allowed.
- Intermediair — On employers paying wages (partly) in crypto.
Why do we do this?
Bitcoin was developed in 2008 by Satoshi Nakamoto. No one knows who he is, maybe it's even a group of people. Nakamoto's goal was to build a decentralized and digital monetary system.
Over the years, bitcoin evolved from a toy for technologists into a proven way to store value. Bitcoin is digital gold, a way to safeguard your wealth.
We've been active since 2013, and from 2018 we started paying our employees in bitcoin. A first: we're the first Dutch company to do this.
We notice a growing acceptance in the Netherlands for salary in bitcoin. That's why we expanded our service. Does your business focus on payroll or salary software packages? With our years of experience in the bitcoin industry, we're glad to help.
Want to receive salary in bitcoin? Send an email to salarisinbitcoin@btcdirect.eu.
Frequently asked questions on bitcoin salary
Interested in salary in bitcoin?
Send an email without obligation to ask about the options. Mention your company name and how many employees are involved. We'll get back to you as soon as possible.
Note: we can only help large employers set up a bitcoin salary structure. Are you a freelancer or employee? Then contact your client or employer and raise the question there. If they can't figure it out, they can always reach out to us.